ThoughtSpot
Valuation
$4.2B
2024 Revenue
$318.2M(Est.)
Customers
1K
Funding
$653M
Avg ACV
$318.2K
Team · 2025
1.7K
Founded
2012
How ThoughtSpot CEO Paul Way grew to $318.2M revenue and 1K customers in 2024.
ThoughtSpot is a software company that provides a search and AI-driven analytics platform for business intelligence and data analytics. The company was founded in 2012 and is headquartered in Sunnyvale, California. ThoughtSpot's platform allows business users to easily search and analyze large volumes of data in real-time, without requiring advanced technical skills or assistance from IT teams. The platform uses artificial intelligence and machine learning algorithms to provide insights and recommendations, helping users to make data-driven decisions. ThoughtSpot's customers include large enterprises across a variety of industries, and the company has been recognized for its innovative solutions and industry leadership.
Last updated
ThoughtSpot Revenue
In 2024, ThoughtSpot's revenue reached $318.2M. The company previously reported $210.6M in 2023. Since its launch in 2012, ThoughtSpot has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | ThoughtSpot Hit $318.2m revenue in October 2024 | Estimated |
| 2023 | ThoughtSpot Hit $210.6m revenue in November 2023 | Estimated |
| 2022 | ThoughtSpot Hit $154.5m revenue in November 2022 | |
| 2021 | ThoughtSpot Hit $98m revenue in November 2021 | |
| 2020 | ThoughtSpot Hit $75m revenue in December 2020 | |
| 2019 | ThoughtSpot Hit $36m revenue in August 2019 | |
| 2012 | Launched with $0 revenue |
ThoughtSpot Valuation, Funding Rounds
ThoughtSpot reached a $4.2B valuation in 2021, set during its Series F round.
ThoughtSpot has raised $653M in total funding across 7 rounds, most recently a $100M Series F round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series F | $100M | $4.2B | 2% | |
| 2021 | Venture Round | $20M | - | - | |
| 2019 | Series E | $248M | $1.7B | 15% | |
| 2018 | Series D | $145M | $855M | 17% | |
| 2017 | Series C | $60M | - | - | |
| 2016 | Series C | $50M | - | - | |
| 2014 | Series B | $30M | - | - |
Founder / CEO
Paul Way
Vice President EMEA - Channel and Alliance Sales
Paul Way is listed as Vice President EMEA - Channel and Alliance Sales at ThoughtSpot.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
ThoughtSpot serves 1K customers.
ThoughtSpot Employees & Team Size
ThoughtSpot employs approximately 1.7K people as of 2026, up from 1.5K in 2024, including 121 sales reps that carry a quota. It serves 1K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 1.7K employees (November 2025) | |
| 2024 | Reached 1.5K employees (March 2024) | |
| 2023 | Reached 1.5K employees (November 2023) | |
| 2022 | Reached 1.1K employees (November 2022) | |
| 2021 | Reached 683 employees (November 2021) | |
| 2021 | Reached 683 employees (November 2021) | |
| 2020 | Reached 569 employees (December 2020) | |
| 2020 | Reached 569 employees (November 2020) | |
| 2019 | Reached 500 employees (August 2019) | |
| 2018 | Reached 347 employees (May 2018) |
Frequently Asked Questions about ThoughtSpot
What is ThoughtSpot's revenue?
ThoughtSpot generates an estimated $318.2M in annual revenue.
Who is the CEO of ThoughtSpot?
The CEO of ThoughtSpot is Paul Way.
How much funding does ThoughtSpot have?
ThoughtSpot raised $653M across 7 rounds.
How many employees does ThoughtSpot have?
ThoughtSpot has 1.7K employees.
Where is ThoughtSpot headquarters?
ThoughtSpot is headquartered in Mountain View, California, United States.
Compare ThoughtSpot to the industry
ThoughtSpot operates across multiple industries. Browse revenue, funding, and growth data for ThoughtSpot in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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